Analysis of Apple’s Marketing Strategy
Figure 1 Apple’s Revenue [3]
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- 2.2. Weakness
- 2.3. Opportunity
- 2.4. Threat
Figure 1 Apple’s Revenue [3]
Advances in Social Science, Education and Humanities Research, volume 543 Proceedings of the 2021 6th International Conference on Social Sciences and Economic Development (ICSSED 2021) Copyright © 2021 The Authors. Published by Atlantis Press SARL. This is an open access article distributed under the CC BY-NC 4.0 license -http://creativecommons.org/licenses/by-nc/4.0/. 128 Figure 2 Apple Inc. Revenue by Quarter [3] 2. THE SWOT ANALYSIS OF APPLE COMPANY 2.1. Strength In 1984, Apple introduced a new type of computer. Sales were so high that they made up a big chunk of Apple’s revenue. As more and more people know about Apple, consumers buy a lot of this new type of computers, and the products of Apple is much better than other brands. At the same time, it also invests in a wide range of advertising resources, such as celebrity endorsements. It makes consumers want to buy more, which can not only attract a lot of consumers, but also recommend to the people around them, in order to greatly increase their income. 2.2. Weakness The efficiency of Apple’s manufacturing department is relatively low, while the design and cost are high, which makes Apple lack of competitiveness in the IT industry. Its products are also prone to explosions, screen damage and other accidents. But Apple is also aggressively recruiting these products and offering them to consumers for free. 2.3. Opportunity There are many kinds of Apple products. Basically, each new model has its own characteristics as they can maintain the old customers and constantly expand new markets to maintain more customers. As the reputation of Apple grows, people will gradually accept Apple’s products, thus more and more people will consume their products by contrasting with other brands. 2.4. Threat The biggest threat to a company like Apple is the high level of competition in technology. Start-up capital can only last a short time to develop new products. Android became the strongest competitor to iOS, but it also faced competition from Samsung and other brands. Therefore, there is also a lot of pressure on many Apple’s products. Download 448.35 Kb. Do'stlaringiz bilan baham: |
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